Prepare for a big move in biofuel plays, possibly today. Reuters reported yesterday that the EPA could issue new rules (or RFS2 – renewable fuels standard) as soon as today on measuring emissions from biofuels according to an anonymous source.
A 2007 proposal would require ethanol to emit less greenhouse gas than gasoline over the life cycle of the fuel while cellulosic fuels would be required to be even cleaner. Of course, the industry opposes … Read the rest
As reported by Agriculture.com’s Don Looker, Margo Oge, director of transportation and air quality at the EPA, did not attend this year’s Iowa Renewable Fuels Association summit because she was busy writing the second draft of the EPA’s new renewable fuel standards. The new standards are expected to be announced very soon, and the continued recovery of the American biofuels industry may hang in the balance.
Per the Energy Independence and Security Act of 2007, … Read the rest
A hat tip to Earth2Tech for laying out the components in the $410 omnibus bill that represent clean energy and climate change. The “imperfect omnibus bill” was signed into law by Obama today behind closed doors. Here’s to more government waste but at least there are some clean energy bucks in there..
* EPA gets $7.6 billion (increase of $174 million over last year). $224 million for grants to states to implement the Clean Air … Read the rest
Greenhunter Biofuels, a subsidiary of Greenhunter Energy (GRH) announced its biodiesel has been approved by the EPA, allowing the company to sell to the US on road market. The approval greatly increases biodiesel distribution capabilities in the US from its 105 million gallon/year refinery in Houston, Texas, the largest biodiesel refinery in the country. Most of the biodiesel the company currently produces comes from animal fats but its jatropha plantations are expected to begin contributing … Read the rest